TIGER Lily Hutchence is set to pocket her late father Michael's share in the profits from tonight's blockbuster INXS telemovie - as part of a master plan to help restore the singer's reputation and financial legacy.

Chris Murphy, the man who first guided the iconic Australian rock band to the top of the world's charts, and INXS guitarist Tim Farriss are set to fly to London later this month to sell the Shine Australia series to international buyers already at fever pitch over the biopic show INXS Never Tear Us Apart.

Channel 7's hotly-anticipated two-part miniseries is certain to bank the network monster ratings tonight - as the official survey year begins - but it's the band and Hutchence' 17-year-old daughter Tiger, who are expected to reap the show's financial rewards.

Murphy, who has set out a five-year business plan to turn the super group into a brand comparable to Abba and Queen, told News Corp Australia a Broadway musical, feature film and documentary are all in the planning, building on the positive reception for telemovie.

Hutchence's death in 1997 marked years in the career wilderness for his five band mates left behind, but the TV show - which explores their rise to fame and the personal toll it took on them all - has reignited sales of their greatest hits, with a compilation INXS The Very Best Of poised to go number one on iTunes by airtime Sunday night.

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In his autobiography, Murphy: The Making of CM Murphy (out this week), the mercurial manager and global strategist revealed Tiger was the motivation for redeeming the image of her father, overshadowed by the dark and lurid details of his suicide death.

The mismanagement of his $20 million estate has long frustrated his INXS family who are bewildered by how the fortune could have disappeared before Tiger was set to inherit it at 25.

Acting as consultants on the telemovie, Murphy said: "both Tim and I made a lot of decisions about the (script) on behalf of Michael. Forget the ratings, forget the sales, forget everything - this was about restoring Michael's dignity and remembering there's a teenage girl at the end of all of this."

"Now instead of going into the dark, unknown story of her dad and her dad's death and the lead up before it, for her to be able to watch and see him," Murphy said, choking back the emotion, "to see Michael at 25, as (actor) Luke Arnold portrays him, she's just going to go `wow' and have such a great perspective on who he really was."

After re-signing the band to a new global music deal with Universal last year, estimated to be worth $6 million, Murphy is set to fly out to New York next month for meetings about a Broadway musical which, if successful, could net INXS upwards of $50 million.

Using the example of Abba's movie and musical success as a template, a stage production featuring the band's back catalogue could reach the same box office benchmark of Mamma Mia which has grossed $500 million since its 1999 debut in London.

Since its 2002 launch, Queen's We Will Rock You musical has sold $60 million in tickets, after show costs of $12.5m.

Before the heartbreak ... INXS who hailed from Sydney’s northern beaches.Source: Supplied

Mark Fennessy, the CEO of Shine Australia which produced Never Tear Us Apart described Murphy's business revival strategy as "extraordinary and within days of coming off.''

Shine will screen the telemovie (to be sold as four x one hour episodes overseas) to 80 international buyers at a special showcase in London on February 27 - with "extremely high potential" for sales to the UK, Canada, France and Latin America.

"In terms of support for Tiger, both during the miniseries and beyond it, INXS and Chris have allocated a sixth share for her all the way along," Fennessy said.

"The band and Chris have been focused and determined about supporting her, protecting her and making sure she sees all the benefits that would have gone to Michael."

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